Abstract
This paper discusses the new SEC reporting requirements passed under the Sarbanes‐Oxley Act in 2002 and its impact on real estate and corporate facilities management data. It will review the impact of this Act on the corporate real estate executive and how corporate real estate groups will be able to benefit from the Act to solve an intrinsic problem in the CRE world today. This problem is the lack of an enterprise‐level technology solution that can integrate and unite all of the workplace data that may be required to fulfil these new SEC reporting requirements and enable management adequately to certify an internal control system for compliance with Sarbanes‐Oxley. A case study on web‐based workplace resource management (WRM) solutions is presented to guide real estate executives to an answer to this problem, as well as to provide an overall solution for greater operational excellence and cost efficiency.
Published Version
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